AMP’s new boss on the hunt for Sydney bolthole to match Mayfair digs – Sydney Morning Herald

Legendary comedian Peter Sellers was once a resident of the Clarges Streets Glendore House with wife and Bond girl Britt Ekland. Tabloids from the time have speculated Princess Margaret occasionally paid the building a visit for secret trysts with Sellers.
Pahari is likely to stay there for the near-term. A company spokesperson said he would likely be looking for a new bolthole in Sydney.
IT’S A MYSTERY
What has happened to Davids Carrs DBR Advisory?
Its less than five years since the high-flying Sydney accountant Carr bought back control of the Yellow Brick Road business from mortgage magnate Mark Bouris. But DBRs website is out of operation and receptionists at the office say the business is now owned by a new firm, HK Partners.
A receptionist on Tuesday said that HK an accounting advisory headed by Jeremy Hoffman and Scott Kelly was now owned by DBR. Company records also show that HK is operating out of DBRs premises.
As for Carr, he is no longer part of the business, the front desk claimed.
Meanwhile, questions to Hoffman and Kelly on the remainder of the Yellow Brick Road accounting business went unanswered.
As for DBR Advisory, company records indicate that its now known as Langhe Hill, with Carr acting as sole director, and an entity controlled in part by former DBR executive Bernard Reilly as the sole shareholder. When contacted on Tuesday, Reillys spokesperson said he was no longer in business with or a business partner of David Carr and has no involvement in DBR Advisory. Bernard Reilly is only a passive shareholder of Langhe Hill Pty Ltd, they added.
Carr sold the business to Bouris in 2009 for about $5 million. By the time he bought it back seven years later, that value had dropped to a cash payment of $1.9 million and another $2.75 million in instalments over a five-year period. That stretch ends in June 2021.
Its an interesting slide into obscurity. We hope nothing has gone wrong.
RENOVATION RUMBLES
Its been five minutes since News Corp Australias chief operator, Damian Eales, scored a plum job inside Murdoch HQ in New York.
Eales who happens to be the brother of former Wallabies captain John Eales will no doubt be rapt with the new gig. But Inner West Council documents indicate he has reason to be excited on the home front, too.
In September last year, he scored approval for a massive renovation at his Birchgrove waterfront home. A development application filed for the address lists a project just shy of $5 million with plans to demolish a newer section of the site close to the water for a new pool. The kids would have been thrilled.
And prior to the big job announcement, it looked as if things were moving. Eales filed another application in June for a works zone out the front of his home so building could begin. That application is yet to be determined.
CUP HALF EMPTY
It was bad enough when social distancing restrictions limited Flemingtons racecourse to one patron for every four square metres. Now Victorian Premier Daniel Andrews has placed the whole Melbourne metro area and several regional towns back in lockdown for six weeks.
But the news is particularly unwelcome for Network 10, which nailed the Cup broadcast rights in 2019 in a deal with the Victoria Racing Club worth $100 million over five years. After handing down a results shocker, including a $227 million loss on Friday, its easy to see the network pursuing every option to rein in costs. Industry insiders are tipping this could include renegotiating the Cup deal, given the slim chance this years carnival will resemble or rate anything like previous events. On Tuesday, a Ten spokesperson was keeping shtum.
We are in regular communication with the VRC and continue to monitor the situation closely, the spokesperson said. Should a decision be made that would affect broadcast activities, we would work directly with the VRC on the implications.
Either way, theyre presumably pleased the VRC appointed some broadcast brains to its committee three weeks ago. Broadcasting rights specialist David Barham, who is also an Essendon Football Club director, headed cricket at Seven, and, until April 2018, occupied senior executive positions including Head of Sport at Network 10. Critically, he spent most of last year consulting to the VRC, as Ten bedded down its first year of coverage of the Cup. Not bad at all.
Samantha is the The Age’s CBD columnist. She recently covered Victorian and NSW politics and business for News Corp, and previously worked for the Australian Financial Review.

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